ABC agreement

Definition:

A contract between an employee and a brokerage firm outlining the rights of the firm purchasing an NYSE membership for that employee.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Bundling, unbundling

Creation of securities either by combining primitive and derivative securities into one composite hybrid or by separating returns on an asset into classes.

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